Embracing Digital for Greater Efficiency and Competitive Advantage

After an era of stagnation in productivity growth, revolutionary applications of digital and analytics are rewriting the rules about how to improve efficiency and effectiveness. The use of big data, machine learning, artificial intelligence, and collaborative robots will allow for a quantum leap in speed, quality, and cost efficiency. As supply chains grow more complex and volatile, businesses must embrace collaboration, integration, Industry 4.0, and Service 4.0 opportunities to ensure success.

New design principles and digital technologies are profoundly changing industrial production, giving rise to "the factory of the future." The first manufacturers that transition to full-scale adoption will usher in a new era of industrial operations.

Christian Greiser

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